Dai DAI
Current Price
$1.00 +0.01%
$0.0028 Daily Range (0.28%)
$0.9982$1.00
$78.35M Daily Volume
1,169 BTC
Vol/MktCap: 1.87%
Market Performance
0.22% Relative BTC Volume
The total volume of Dai is $78.35M over the past 24 hours, compared to $35.44B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9997 +0.03%
13 SMA $0.9998 +0.02%
21 SMA $0.9998 +0.02%
55 SMA $0.9998 +0.02%
144 SMA $0.9998 +0.02%
Price Performance
-0.00% 1 Hour Change
$1.00 from $1.00
+0.10% 7 Day Change
$0.0010 from $0.9990
+0.13% 14 Day Change
$0.0013 from $0.9987
+0.04% 30 Day Change
$0.0004 from $0.9996
All Time High
March 13, 2020
$1.22 -18.08%
-$0.2206 vs. now
24H Change
60.03M USD +1.45%
896 BTC
Volume and Supply
Total Supply: 4.19B DAI 
4.20B DAI Available100.31% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
209.33 x BTC Supply209:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
78.38M DAI
traded over past 24 hours
1.87% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at $0.998827, reflecting a slight decline of 0.03311% over the past 24 hours. The daily price range has been tight, oscillating between a high of $1.001 and a low of $0.998222, indicating minimal volatility.
The trading volume over the last 24 hours stands at approximately $76.9 million, equating to a volume-to-market cap ratio of 1.83%. This suggests moderate trading activity, which is typical for a stablecoin like DAI, as it is designed to maintain its value close to $1.
Technical indicators show that the hourly moving averages are clustered around $0.9998, with marginal declines ranging from 0.09% to 0.10%. The 1-hour Relative Strength Index (RSI) is at 44, indicating that the asset is nearing the oversold territory, while the 7-day RSI is at a neutral 50, suggesting no strong trend in either direction.
Over the past week, DAI has seen a price change of -0.05387%, with a more pronounced decline of -0.11494% over the past 30 days. The historical data shows an all-time high of $1.22 reached in March 2020, which illustrates DAI's previous capacity to maintain value above $1, though current prices indicate a slight depreciation.
Given the current price stability, low volatility, and RSI indicators, DAI appears to be maintaining its peg effectively. However, the slight bearish trend over the past month and the proximity to the oversold threshold suggest caution.
In conclusion, a Hold rating is advised for DAI at this time. The stablecoin remains close to its $1 target, but the recent downward pressure and lack of significant trading momentum warrant a wait-and-see approach before considering a Buy position.
The trading volume over the last 24 hours stands at approximately $76.9 million, equating to a volume-to-market cap ratio of 1.83%. This suggests moderate trading activity, which is typical for a stablecoin like DAI, as it is designed to maintain its value close to $1.
Technical indicators show that the hourly moving averages are clustered around $0.9998, with marginal declines ranging from 0.09% to 0.10%. The 1-hour Relative Strength Index (RSI) is at 44, indicating that the asset is nearing the oversold territory, while the 7-day RSI is at a neutral 50, suggesting no strong trend in either direction.
Over the past week, DAI has seen a price change of -0.05387%, with a more pronounced decline of -0.11494% over the past 30 days. The historical data shows an all-time high of $1.22 reached in March 2020, which illustrates DAI's previous capacity to maintain value above $1, though current prices indicate a slight depreciation.
Given the current price stability, low volatility, and RSI indicators, DAI appears to be maintaining its peg effectively. However, the slight bearish trend over the past month and the proximity to the oversold threshold suggest caution.
In conclusion, a Hold rating is advised for DAI at this time. The stablecoin remains close to its $1 target, but the recent downward pressure and lack of significant trading momentum warrant a wait-and-see approach before considering a Buy position.
Updated 17 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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